Is Mantle Index Four Fund Safe?
Risk Grade: B- (31/100)
Mantle Index Four Fund is rated as moderate risk — some novel mechanisms, generally well-understood.
Moderate risk — institutional-grade index fund structure with yield enhancement, balanced against compounded risk from multiple underlying staking strategies and single anchor investor concentration.
Mantle Index Four (MI4) is a tokenized crypto index fund holding BTC (50%), ETH (26.5%), SOL (8.5%), and stablecoins (15%), with enhanced yields from staking strategies like mETH and sUSDe. Backed by a $400M Mantle Treasury anchor investment and tokenized via Securitize, its B grade reflects a well-structured institutional product with compounded risk from multiple underlying yield strategies.
TVL
$128M
Mechanisms
5
Interactions
4
Value Grade
C-
Key Risks for Mantle Index Four Fund Users
The fund earns extra yield through staking strategies (mETH, bbSOL, sUSDe). If any of these strategies fails, the value of your MI4 tokens would drop accordingly.
Mantle Treasury holds the majority of fund assets. If they decide to redeem, it could force the fund to sell positions rapidly, potentially at unfavorable prices for remaining investors.
The fund rebalances quarterly, meaning during volatile periods the actual portfolio mix could drift significantly from the target allocation.
Top Risk Factors
- •MI4 holds BTC (50%), ETH (26.5%), SOL (8.5%), and stablecoins (15%) with enhanced yields from mETH, bbSOL, and sUSDe. Performance depends on the safety of each underlying yield strategy, creating compounded risk exposure.
- •Tokenized via Securitize on Mantle Network, introducing dependency on both Securitize infrastructure and Mantle chain availability. Tokenized fund shares may trade at a discount during periods of low liquidity.
- •Mantle Treasury committed $400M as anchor investor, meaning the fund is heavily concentrated in a single investor. Mantle Treasury decisions (e.g., to redeem) could significantly impact fund operations.
- •Quarterly rebalancing means the fund can drift significantly from target allocations during volatile periods before the next rebalance, exposing investors to unintended risk profiles.
Risk Score Breakdown
Mantle Index Four Fund's highest risk area is Vitality Risk (7/10). Here's how each dimension contributes to the overall 31/100 score:
Read the Full Mantle Index Four Fund Risk Report
This protocol has 2 collapse scenarios. 1 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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